overbought and over hyped ... same as CMG
- Earnings on Thurs after close - Nearing its ATH at $322 (Nov 2018) - Cramer is bullish - 1 year chart uptrend is very good - The question is if it can break the ATH or not - What is different now than it was in Nov 2018?... Maybe the market is healthier overall - It is trading above the VWAP and the SMA is in an uptrend - I am bullish here and would think...
$ULTA is priced to perfection for its earnings announcement. Its stock has rebounded from the low $200s to the low $300s. Time series fibonacci analysis says we are likely to see an inflection point in the stock this week. This coincides with $ULTA's earnings. Let's see what happens to this stock tomorrow. I believe almost any positive upside surprise is already...
I've been stalking this one for some time; it looks just primed for a a big short, not a lot of support below if things start going south.
This is a classic situation where fear, uncertainty and doubt all come together. The situation with ULTA is critical on the weekly and exposes opportunities on lower time frames.
ULTA had the last stand, amongst global markets heading south. But today ULTA was thrown off track. I've been stalking ULTA from 2016. Two years? No problem. Why? Because it was a risky one to go long for the last two years - and I didn't have the financial muscle to take it on. But in the last couple few days I saw a weakening of momentum, and made that judgement...
The price is going up, and it's above 30MM. If the price breaks 313.28 the price won't have limits :O
Shares of KORS appear to be breaking out to the upside from a bull flag formation on the weekly chart. Previous resistance at $70 should act as support to confirm. Longer-term resistance overhead at $75, the 61.8% retracement from the all-time highs north of $100 to the subsequent lows at $33. The target from the flag is around $82-85, which would coincide...
$ULTA looking oversold on the hourly chart, down 2-3% today on light volume. Intra-day reversal is already underway after bottoming just above $242. Appears to be an inverted head and shoulders pattern forming on the daily chart. Monitor for a move back to and eventual break through $260 resistance level. Medium term target $290, assuming overall market conditions...
After a gap down to start the week, the S&P 500 (SPY) pivoted around its 50DMA. The week ended further confirming a bearish market turn. Sellers Reward A Weak Stock Market Bounce With A Bearish Fade drduru.com $SPY $QQQ #T2108 #AT40 #VIX $UVXY $AAPL $AMZN $AXON $GS $CCS $PHM $TOL $KBH $MDB $PZZA $SNAP $TLT $ULTA $USO
It was a promising week that could have easily ended on a bearish note. Buyers are still coming up just short of confirming bullishness. A Promising Stock Rally Comes Up Short of Important Threshold drduru.com $SPY $QQQ $AMZN $AA $CWH $EWZ $NIB $RCL $UBX $ULTA #VIX #T2108 #AT40 #forex $AUDJPY
The headlines are headwinds, then tailwinds, then headwinds all over again. The stock market ominously pulled back from overbought again. "An Overbought Threshold Rejects A Stock Market With Crossed Signals" drduru.com $SPY $QQQ $IWM #AT40 #T2108 #VIX $BA $TOL $BBY $AZO $MNRO $ULTA $AUDJPY #forex
ULTA bounced back from its support level & seems breaking out of a downward channel formation. It had quite some insider buying. We think it will continue upward from here. * Trade Criteria * Date First Found- March 8, 2018 Pattern/Why- Downward channel breakout Entry Target Criteria- Current price ($207.47) (Hit March 9, 2018) Exit Target Criteria- $230...
After an RSI bearish divergence, market reached uptrend line. Entry level is suggested over MA100 cross for a R/R of 2.4. 28% Profit in 1 year. This is a save bet in order to diversify your portfolio WNZ Get live updates and analysis of the cryptocurrency market: t.me
ULTA is clearly overbought at this point in time. Now is certainly not the time to go long on this equity. Key Points: 1. Overly bullish sentiment 2. RSI on weekly is around 85 - probably the highest in it's history. 3. RSI on daily has been hovering dangerously around 80 for quite some time. 4. There is no clear RSI divergence from price at this time. 5....
ULTA is still rising, albeit on lower volume in recent time. The beauty store provider is still generating strong earnings growth with a 3 Year E.P.S Growth Rate of 25% and an E.P.S % Chg (Last Qtr) of 39%. This is accompanied by a 3-Year Sales Growth Rate of 21% and a Sales % Chg (Last Qtr) of 24%. This shows that an increase in sales is driving E.P.S growth,...